Fletcher’s $59.8m Roof Tile sale deemed 'acceptable'
The Formica sale will be the big one and Fletcher says it’s “progressing well.”
Fletcher Building’s $59.8 million sale of its Roof Tile Group is “an acceptable outcome” given the business lost money in the year ended June.
Forsyth Barr analyst Matt Henry estimates the business had lost $2m in earnings before interest and tax last year.
“I actually thought it
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Jenny Ruth
Thu, 01 Nov 2018
Thu, 01 Nov 2018
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Fletcher’s $59.8m Roof Tile sale deemed 'acceptable'
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